As ArcelorMittal SA pulls the plug on its long steel business after a year of talks yielded no results, government said it ...
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Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
JOHANNESBURG (Reuters) -Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company ...
At the epicentre of ArcelorMittal Liberia's mining operations, atop Tokadeh, Gangra and Yueliton Mountains where busy men, women and machines extract iron ore, one man has for several years built for ...
The IDC, which has a 6% stake in Amsa, last year endowed the struggling steel manufacturer with R1 billion to forestall the ...
As the ArcelorMittal SA plant closure crisis deepens - and fury grows at the lack of political will to prevent it - the steel giant convened an urgent meeting with Emfuleni’s Executive Mayor today ...
Multinational ArcelorMittal on Monday announced that it would close two South African steel manufacturing sites and a rail production plant, affecting some 3,500 jobs.
ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese ...
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the ...
Weak domestic markets for long steel products have led MT's South Africa division to wind down its Longs business.
Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned ...